Mark Hoban MP, Fareham voted against creating 100,000 jobs and building 25,000 homes using funds raised via a bank bonus tax, against reducing VAT on home improvements and against tax breaks for small firms taking on new workers.

The majority of MPs voted against creating 100,000 jobs and building 25,000 homes using funds raised via a bank bonus tax, against reducing VAT on home improvements and against tax breaks for small firms taking on new workers.

The text of the motion rejected in this vote was:

That this House

believes that the Government’s policies of cutting spending and raising taxes too far and too fast have resulted in the UK economy flat-lining for 12 months, well before the recent eurozone crisis;

notes that unemployment has reached a 17-year high and over-50s unemployment has risen sharply;

further notes that slower growth and higher unemployment makes it harder to get the deficit down and that the Office for Budget Responsibility forecasts a further rise in unemployment to 8.7 per cent., a rise in the benefits bill of £29 billion, and an increase in projected borrowing of £158 billion;

agrees with the IMF’s warning that ‘consolidating too quickly will hurt the recovery and worsen job prospects’ and that the Government should ‘have a heightened readiness to respond, particularly if it looks like the economy is headed for a prolonged period of weak growth and high unemployment’ and, in light of the Office for Budget Responsibility forecasts published on 29 November 2011,

calls on the Government to reconsider its refusal to adopt the Opposition’s five point plan for jobs which includes creating 100,000 jobs for young people and building 25,000 affordable homes using funds raised from a tax on bank bonuses, bringing forward long-term investment projects, temporarily reversing the January 2011 VAT rise, a one-year cut in VAT to 5 per cent. on home improvements, and a one-year national insurance tax break for every small firm which takes on extra workers.

About the Project

The Public Whip is a not-for-profit, open source website created in 2003 by Francis Irving and Julian
Todd and now run by Bairwell Ltd.

There are lots of plans afoot, including extensive redevelopment of the site and plans for new
functionality. To keep up with what's happening, please check out the blog. We're working on updating all the contact
details throughout the site, but if you'd like to talk to us about the project, please email
[email protected]